Cryptocurrency merchants took lengthy positions in 33 digital belongings, however solely selected to go quick $TrumpThe meme coin backed by President Donald Trump has fallen 95% from its peak, based on information tracked by Lookonchain.
This man has virtually your entire market (33 tokens). $Trumphe’s quick. https://t.co/E6QEMXG7DV pic.twitter.com/Seaa5XeCyA
— Lookonchain (@lookonchain) March 19, 2026
$TrumpThe inventory, which debuted days earlier than President Trump’s inauguration in January 2025, was buying and selling at round $3.4 at press time, down 4% up to now 24 hours, based on CoinGecko.
The token has lengthy been the topic of controversy over the conflation of political energy with the crypto market. Considerations have been raised concerning ethics, equity, and conflicts of curiosity.
of $Trump The token, launched in 2025, provided perks to prime holders, together with entry to Trump at a gala dinner final Could.
The mission workforce plans to repeat this format. A celebratory luncheon shall be held at Mar-a-Lago on April 25, and Trump shall be one of many keynote audio system, together with 18 different “world giants” whose identities haven’t been disclosed.
Variety of individuals is restricted to 297 individuals and shall be decided by a leaderboard based mostly on: $Trump Token holdings. The highest 29 holders will obtain VIP perks, together with a reception with Trump, a lecture on Mar-a-Lago’s historical past, and precedence seating at occasions.
Santiment reviews: $Trump The coin has just lately moved independently of the broader market. Analysts additionally word a rise in massive holders, with greater than 1 million belongings at present held in 83 wallets. $Trump As of March sixteenth.
🐳 You will have observed that Official $Trump Over the previous few days, the coin has quickly decoupled (+36% since Wednesday). Whereas that is occurring, our information exhibits that there are at present 83 over 1 million cash. $Trump The variety of wallets was the best up to now 5 months. Coincidence? Most likely not. pic.twitter.com/CDBaON4Xba
— Santiment (@santimentfeed) March 16, 2026
The token soared after the dinner announcement in Could, regaining a few of its features within the following days. Issues obtained much more thrilling because the occasion approached.
An identical sample was already unfolding. $Trump After Mar-a-Lago’s announcement, it was up about 60%.
Disclosure: This text was edited by Vivian Nguyen. Please see our Editorial Coverage for extra data on how we create and overview content material.
